Trading news

ALIBABA SHARES SLIDE DESPITE PROFIT BEAT

Growth in the company’s ecommerce business decelerated in the quarter due to rising competition from smaller peers. Alibaba's cloud segment, a major business for the Chinese company, also delivered a weaker performance than its major rivals in the US.

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Wednesday, 04 Aug, 2021 / 6:59

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Source : https://www.adss.com/en/market-updates/research/alibaba-shares-slide-despite-profit-beat/

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